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Historic Nantucket Mansion Sells for $15.25 Million After Restoration
Sentiment: NeutralHigh Priority
What Happened?
The Hadwen-Wright House in Nantucket sold for $15.25 million on October 27, 2026, more than tripling its previous sale price of $4.7 million in 2014. The property was purchased by a trust represented by John E. Kozlowski.
Key points
- The mansion is located at 94 Main Street, Nantucket, Massachusetts.
- It was designed by architect Frederick Brown Coleman and built for whaling merchant William Hadwen.
- The house features Greek Revival architecture and was originally constructed in 1845.
- Restoration included updating mechanical systems and preserving original features.
- A hidden brick-lined cistern was discovered during renovations and preserved for viewing.
- The mansion has five bedrooms and spans approximately 6,106 square feet.
Key insights
- The significant increase in sale price reflects the growing demand for historic homes.
- Preservation efforts may encourage similar renovations in the area.
- The discovery of the cistern adds unique historical value to the property.
Why it matters
The sale highlights the ongoing interest in historically significant properties in Nantucket.
Tags
Entities
Hadwen-Wright House· LocationJohn E. Kozlowski· PersonNantucket· CityMassachusetts· State
Source
Times of India
